Tech Stocks Plunge as Biden Administration Considers Sanctions on Chinese Tech Firms
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#33a0847c ver:0.55

Tech stocks plummet as Biden administration considers sanctions on Chinese tech firms, causing Nasdaq to drop 2.7% and S&P 500 to lose 1.3%. Nvidia and AMD shares fall 6.2% and 7.8% respectively. Stricter chip export regulations to China put pressure on the sector, prompting investors to diversify portfolios. US aims to reduce dependence on China by attracting investments in chipmaking and diversifying supply chain. #TechStocks #Sanctions #ChipSupplyChain #Investing...

#newstr #TechStocks #ChinaChipmakers #BidenAdministration #NasdaqComposite #S&p500 #Dow #Nvidia #AdvancedMicroDevices #Sanctions #SemiconductorTradeRestrictions #MagnificentSeven #Microsoft #Apple #Amazon #MetaPlatforms 

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